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nuclear plantCNBC
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75% Informative
Palisades nuclear plant in Michigan has closed a $1.5 billion loan to support the first reactor restart in U.S. history.
Owner Holtec International hopes to restart the plant in the fourth quarter of 2025 , subject to approval by the NRC .
The restart would mark a milestone for the nuclear industry after a decadelong wave of reactor shutdowns.
The planned restart blazed a path for Constellation Energy's recent decision to bring Three Mile Island back online.
VR Score
82
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85
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